Join us for a webinar that explores the world of Producer Owned Reinsurance Companies (PORC) tailored for tax professionals who assist business owners with gross revenues that typically exceed $3 to $5,000,000. Discover the unparalleled advantages of setting up a PORC for risk mitigation, cash liquidity enhancement, asset protection, and the tax benefits that come with this vehicle. The presenter will demonstrate the advantages of this model and how it can work as a significant product offering for tax professionals working with business clients to create value for their firm and increase billings for their practice.
Learning Objectives:
- Evaluate the Producer Owned Reinsurance Company (PORC) and its benefits for business owners
- Identify the advantages of a PORC in mitigating risks
- Recognize the role of a PORC in enhancing cash liquidity and asset protection for business owners
- Determine the tax advantages and savings associated with setting up a PORC
Keith P. Youngren, CPA
Financial Money Coach, LLC
CPA
[email protected]
(512) 343-2488
Keith Youngren is a CPA and virtual CFO from Austin Texas. Keith has operated a CPA tax practice for over 30 years offering advanced financial and tax planning strategies with a current focus in coaching business owners’ methods to improve the value of their business and increase cash flow. Keith's firm supports business owners by evaluating key metrics for their business operations and provide monthly analytics for their monthly P&L and creating strategic partnerships with CPAs, attorneys, and financial professionals throughout the country to offer services.
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